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    <p style="margin-top: 0.5rem; text-transform: uppercase; font-size: 10px; letter-spacing: 0.025em;"> Mixed Use </p>
    <p style="margin-top: 0.05rem; color: #0D1321; text-align: left; font-weight: 400; font-family: Cormorant Garamond, serif; font-size: 20px;">
      5008 Broadway
    </p>
    <p style="margin-top: 0.25rem; text-transform: uppercase; font-size: 8px; letter-spacing: 0.1em;"> New York,  NY </p>
    <p style="margin-top: 0.25rem;">By Cushman &amp; Wakefield</p>
    <a href="https://platform.reverecre.com/project/f9db2ee0-57f3-4641-8924-8d8b2bfb8fb1" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
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Cushman & Wakefield plc (together with its subsidiaries, “Cushman & Wakefield,” “the Company,” “we,” “ours” and “us”) is a leading global commercial real estate services firm with an iconic brand and approximately 50,000 employees led by an experienced executive team. We operate from over 400 offices in 60 countries, managing over 4.1 billion square feet of commercial real estate space on behalf of institutional, corporate and private clients. We serve the world’s real estate owners and occupiers, delivering a broad suite of services through our integrated and scalable platform. Our business is focused on meeting the increasing demands of our clients through a comprehensive offering of services including Property, facilities and project management, Leasing, Capital markets, Valuation and other services. In 2020, 2019 and 2018, we generated revenues of $7.8 billion, $8.8 billion and $8.2 billion, respectively, and service line fee revenue of $5.5 billion, $6.4 billion and $6.0 billion, respectively.

First Vice President

Director

Capital Markets Associate

5008 Broadway is a six-story elevator building on the southeast corner of Broadway and West 213th Street in the Northern Manhattan neighborhood of Inwood. The building sits on a large lot that is 118.58’ by 70’ (irr.), which allows for fantastic retail frontage.

The property consists of 48 residential units and 5 commercial stores across approximately 48,576 square feet. The residential unit mix is made up of 7 one-bedroom and 41 two-bedroom apartments. Of the 48 units, 8 apartments are free market, 39 are rent stabilized, and 1 is a super’s unit.

Twenty of the rent stabilized units have leases with preferential rents offering future ownership the potential for revenue growth. All of the five commercial units are currently leased. The spaces consist of a Law Office, Mr. Fu, Danna Shop, Lalpe Hair Salon, and 85 Deli Market.

This institutionally owned and operated building has been immaculately maintained and has undergone extensive capital improvement projects since current ownership purchased the property in 2015. These improvements include the implementation of an elevator door lock monitoring system (2021), roof and parapet repair (2018), improvements to the commercial spaces (2017 & 2018), sidewalk repair (2017), and new mailboxes (2017).

Inwood is one of Manhattan’s most diverse and thriving neighborhoods and will soon experience the benefits of a major, large-scale NYC rezoning that passed in 2020. The rezoning impacts 59 blocks of Inwood and will have a positive impact on the entire neighborhood. Tenants benefit from the property’s beautiful tree lined block and convenient location which is just two blocks from the 215th Street 1 Train station, along with the A Express train at 207th street. 5008 Broadway is just a few blocks away from Columbia University’s athletic facilities and the New York-Presbyterian Allen Hospital campus. Additionally, the building is directly across the street from Isham Park, an extension of the expansive Inwood Hill Park. Inwood Hill and Isham Parks combine for close to 220 acres of highly sought-after Manhattan green space.

Robert Shapiro is an Executive Managing Director and member of the leadership team, of the Capital Markets Group of Cushman & Wakefield, where he has focused on investment sales for the past 20 years. To date he has facilitated the sale of over 400 investment properties in all five boroughs of New York City for an aggregate value of over $2.4 billion. Robert began his career in 2001 at Massey Knakal Realty Services which was acquired by Cushman & Wakefield on December 31, 2014.

He is an expert transacting rent regulated multifamily sales on both the individual and portfolio basis, office and retail properties, commercial condominiums and development sites.

His clients range from institutional investors, universities, long-time owners, non-profits, and religious organizations; they all choose to work with Robert for his in depth market knowledge and tremendous work ethic.

Robert is a former Chairman of the Young Men's/Women's Real Estate Association (YM/WREA), member of REBNY, Advisory Board Member of Community Housing Improvement Program (CHIP), and board member of Art Bridge.

Executive Managing Director